Borrowing money is not a crisis by itself. Households do it for homes and cars, and governments do it to fund wars, recessions, and long stretches of ordinary spending. The trouble starts when the interest on that borrowing grows faster than everything else. For most of modern history, the United States could carry a large
For years, Frontier Airlines (ULCC) chased Spirit Airlines. Frontier tried to buy Spirit in 2022, lost toJetBlue, then circled back for a second attempt that also fell apart. Now Frontier can get the prize without the purchase. Spirit ceased all operations on May 2, 2026, ending a 33-year run as America’s original ultra-low-cost carrier. Spirit’s
Someone on X (the former Twitter) was criticizing the deal Anthropic struck with SpaceX to use its Colossus data centers. The argument was that handing $45 billion to SpaceX through May 2029 could be a massive unforced error, potentially letting xAI drain Anthropic’s token traffic and leaving Claude as a niche product for premium tasks.
PepsiCo spent February cutting prices. Lay’s, Doritos, Cheetos, and Tostitos are all down 15%. The company needed American shoppers to start buying snacks again, and cheaper prices seemed like the obvious way to get them back. It didn’t really work. And when CEO Ramon Laguarta got on the Q2 earnings call on July 9, he
Wall Street just sent a clear signal to income investors who count on AT&T for steady payouts. Morgan Stanley slashed its price target on the telecom giant, and the reason has little to do with AT&T’s (T) own performance. The real threat is coming from space. Elon Musk‘s Starlink satellite network is growing fast enough
Drug trials fail all the time. What is rare is a failure that costs a company tens of billions of dollars in a single afternoon. That is what happened to AstraZeneca (AZN) on July 9. One setback wiped out more market value than the stock had lost on any day in years. For investors, the
Reddit (RDDT) is generally considered a social-media stock. That may understate the opportunity. Reddit won social media ad share in the second quarter, bolstered by contextual targeting, a high-intent audience, and incremental reach, Jefferies underlined. But the hidden investor implication is wider than just a few advertisers moving dollars. Reddit may be constructing something like
Oracle’s annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed. By May, Challenger, Gray and Christmas
Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and former SpaceX employees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in stock alongside his $28-an-hour
It’s not often that dividend stalwarts are viewed as obviously mispriced, but Bank of America sees an exception in Coca-Cola (KO) stock. For generations of investors, Coca-Cola has delivered uninterrupted dividend income, paying every year since 1920, according to Investing.com. That record stretches back long before most modern blue-chip investors were born. More importantly, Coca-Cola